Axis Direct Sub Broker Program is a budding subsidiary of Axis Direct. Being headquartered in Mumbai, this venture of Axis Bank is involved in providing customers with a range of financial services and products and making trading easier for the population.

Axis Direct provides 3 in 1 Account Opening & supports will great research materials to their clients. The broking house deals in all types of asset classes be it Equity, Commodity, F&O, Mutual Funds & more. They have trading platforms which works on across devices & browsers.

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Types of Axis Securities Sub Broker / Authorized Person

Axis Direct has recently launched its franchise initiative, they currently are working with only one business model i.e.

Sub Brokership or Business Partner

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Axis Securities Sub Broker or Axis Securities Business Partner

The AixsDirect Business Partner Program initiated in 2012 by the online trading platform AxisDirect. The role of a Sub broker will be revolving around getting clients to AxisDirect for investing in equities, commodities, mutual funds etc. by opening a 3 in 1 investment account.

Along with this, the sub broker will also be associated with Axis Bank so as to provide the clients with home loans, auto loans and various other services.

Axis Direct Sub Broker Commission or Revenue Sharing Model

For the sub broker, the revenue generated will be divided in the ratio of 60:40, i.e., the authorized person will get 60% of the generated revenue and the broker will get to keep 40%.

However, there may be flexibility in the sharing of revenue if the franchise owner is able to increase the sales above the target or if the sub broker investing with high security deposit.

Axis Direct Franchise Cost or Security Deposit Amount

The sub broker will have to pay an initial investment fee of Rs.1 Lakh to Rs.3 Lakh which will be refundable during broker’s exit. The membership cost for NSE, BSE, etc. will however be non refundable.

The sub broker will also have to bear the price of maintaining a back office, including the rent, phone bills, internet services etc. The higher the initial investment amount, more will be the revenue sharing.